Neo Successfully Commissions Heavy Rare Earth Separation Production Line in Europe

Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX:NEO; OTCQX:NOPMF) today announced the successful commissioning of its heavy rare earth element (“HREE”) solvent extraction small-scale production line at its Silmet facility in Estonia. The solvent extraction line is operating at nameplate capacity, with efforts now focused on delivering stable product purity prior to transitioning to routine production capacity.

The operation has produced its first separated terbium and dysprosium process solutions, pre-cursor products for metal making, from mixed rare earth carbonate feedstock, with all processing completed entirely in Europe. This achievement validates the technical robustness and operational reliability of the Silmet HREE solvent extraction line under continuous operating conditions and marks a significant milestone in establishing advanced heavy rare earth separation capability in Europe.

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Originally published on 10 Apr

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